Restructuring Effective Date
Company: Core Scientific
What the later record shows
Delivered on time · happened January 23, 2024
The plan's Effective Date occurred on January 23, 2024, before the February 19, 2024 Outside Date.
“the conditions to effectiveness of the Plan were satisfied and the Debtors emerged from the Chapter 11 Cases”
2024-05-05 · Core Scientific 424B3 filed 2024-05-06 View cached copy (2026-08-31)Live source ↗
“the conditions to the effectiveness of the Plan of Reorganization were satisfied or waived and the Company emerged from bankruptcy”
2025-02-26 · Core Scientific 10-K filed 2025-02-27 View cached copy (2026-08-31)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
By no later than February 19, 2024, the Effective Date of the restructuring shall have occurred, which date may be extended to no later than March 19, 2024.
Source (primary)
Core Scientific SC 13D filed 2023-11-27 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “By no later than February 19, 2024, the Effective Date shall have occurred (the "Outside Date"), which date may be extended in writing by the Requisite Consenting Creditors, the Company and the Equity Committee to no later than March 19, 2024”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing states the Effective Date must occur by February 19, 2024, extendable in writing by the Requisite Consenting Creditors, the Company and the Equity Committee to no later than March 19, 2024. These are contractual milestones, not confirmation that the Effective Date actually occurred.
Confirmed in the source:
- The Restructuring Support Agreement required the Effective Date of the restructuring to occur by no later than February 19, 2024 (the 'Outside Date')
- The Outside Date could be extended to no later than March 19, 2024
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000119312523283366/d75665dsc13d.htm) in full (30,890 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific SC 13D filed 2023-11-27
Quote: “By no later than February 19, 2024, the Effective Date shall have occurred (the "Outside Date"), which date may be extended in writing by the Requisite Consenting Creditors, the Company and the Equity Committee to no later than March 19, 2024”
confirms Core Scientific 424B3 filed 2024-05-06
Quote: “the conditions to effectiveness of the Plan were satisfied and the Debtors emerged from the Chapter 11 Cases”
confirms Core Scientific 10-K filed 2025-02-27
Quote: “the conditions to the effectiveness of the Plan of Reorganization were satisfied or waived and the Company emerged from bankruptcy”